GILBERT A. FULLER - 15 Jan 2025 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Director
Signature: /s/ Gilbert A. Fuller
Issuer symbol: SNFCA
Transactions as of: 15 Jan 2025
Net transactions value: -$45,950
Form type: 4
Filing time: 16 Jan 2025, 12:23:43 UTC
Previous filing: 03 Jan 2025
Next filing: 03 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNFCA	Class A Common Stock	Options Exercise	$4,260	+895	+6%	$4.76	15,743	15 Jan 2025	Direct
transaction	SNFCA	Class A Common Stock	Options Exercise	$20,989	+4,613	+29%	$4.55	20,356	15 Jan 2025	Direct
transaction	SNFCA	Class A Common Stock	Options Exercise	$3,495	+1,016	+5%	$3.44	21,372	15 Jan 2025	Direct
transaction	SNFCA	Class A Common Stock	Options Exercise	$21,538	+5,439	+25%	$3.96	26,811	15 Jan 2025	Direct
transaction	SNFCA	Class A Common Stock	Options Exercise	$20,893	+5,071	+19%	$4.12	31,882	15 Jan 2025	Direct
transaction	SNFCA	Class A Common Stock	Options Exercise	$16,612	+5,556	+17%	$2.99	37,438	15 Jan 2025	Direct
transaction	SNFCA	Class A Common Stock	Options Exercise	$18,741	+2,536	+6.8%	$7.39	39,974	15 Jan 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SNFCA	Director Stock Option (right to buy)	Award	$34,457	-7,573	-100%	$4.55	0	02 Dec 2016	Class A Common Stock	7,573	$4.55	Direct	F1
transaction	SNFCA	Director Stock Option (right to buy)	Award	$7,207	-1,514	-100%	$4.76	0	07 Dec 2016	Class A Common Stock	1,514	$4.76	Direct	F2
transaction	SNFCA	Director Stock Option (right to buy)	Award	$4,960	-1,442	-100%	$3.44	0	01 Dec 2017	Class A Common Stock	1,442	$3.44	Direct	F3
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32,646	-8,244	-100%	$3.96	0	30 Nov 2018	Class A Common Stock	8,244	$3.96	Direct	F4
transaction	SNFCA	Director Stock Option (right to buy)	Award	$32,342	-7,850	-100%	$4.12	0	06 Dec 2019	Class A Common Stock	7,850	$4.12	Direct	F5
transaction	SNFCA	Director Stock Option (right to buy)	Award	$22,353	-7,476	-100%	$2.99	0	27 Mar 2020	Class A Common Stock	7,476	$2.99	Direct	F6
transaction	SNFCA	Director Stock Option (right to buy)	Award	$51,331	-6,946	-100%	$7.39	0	03 Dec 2021	Class A Common Stock	6,946	$7.39	Direct	F7
transaction	SNFCA	Restricted Stock Unit	Award	$32,818	+2,509		$13.08	2,509	06 Dec 2024	Class A Common Stock	2,509	$13.08	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F2	This option was granted on December 7, 2016 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.36 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F3	This option was granted on December 1, 2017 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F4	This option was granted on November 30, 2018 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F5	This option was granted on December 6, 2019 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020, a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F6	This option was granted on March 27, 2020 as an option for 2,500 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.
F7	This option was granted on December 3, 2021 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $8.62 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 8, 2022, July 14, 2023 and July 12, 2024.
F8	These restricted stock units were granted on December 6, 2024 for 2,509 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $13.08 per share. The units granted vest quarterly, and will be fully vested on December 31, 2025.